July 25, 2018 / 2:48 PM / 5 months ago

BUZZ-Aimia Inc: Takes flight on sale of frequent-flyer program

** Data analytics firm’s shares up 43 pct at C$3.58, its highest in nearly six months

** Air Canada and 3 other cos offer to buy Aimia’s Aeroplan frequent-flyer program for C$2.25 bln

** Offer of C$3.64 per share at a premium of 45.6 pct to Aimia’s last close

** TD Bank, Canadian Imperial Bank of Commerce and Visa are the other cos in the deal

** Aimia has until Aug. 2 to respond to the proposal

** Up to Tuesday’s close, stock had fallen 33 pct this year (Reporting by Karan Nagarkatti in Bengaluru)

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